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Veritone Inc - VERI STOCK NEWS

Welcome to our dedicated news page for Veritone (Ticker: VERI), a resource for investors and traders seeking the latest updates and insights on Veritone.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Veritone's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Veritone's position in the market.

News
Rhea-AI Summary
Veritone, a leader in enterprise AI software and services, has acquired Broadbean, a global leader in talent acquisition and engagement technology, from CareerBuilder. The acquisition is expected to strengthen Veritone's AI-driven HR solutions suite and generate over $35 million in SaaS and GAAP revenues annually. Veritone aims to disrupt and modernize the talent acquisition market by leveraging AI-based automation and intelligence on a global scale.
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3.47%
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5.04%
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Rhea-AI Summary
Veritone, Inc. has announced its agreement to acquire Broadbean, a global leader in SaaS technology for talent acquisition and engagement, for $52 million in cash. The acquisition is expected to generate annualized SaaS revenues of over $35 million, with over $30 million being subscription-based. It will also add over 3,000 customers and more than 100 ATS partners to Veritone's HR Solutions business, expanding its global footprint. The transaction is set to close in late Q2 or early Q3 2023.
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-7.51%
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2.01%
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2.01%
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-8.22%
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-10.83%
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-10.83%
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2.25%
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Veritone Inc

Nasdaq:VERI

VERI Rankings

VERI Stock Data

180.46M
32.13M
15.76%
37.15%
14.8%
Software Publishers
Information
Link
US
Costa Mesa

About VERI

veritone has developed a proprietary platform that unlocks the power of ai-based cognitive computing so that unstructured audio and video data can be processed, transformed and analyzed in a seamless, automated manner to generate actionable intelligence. the cloud-based open platform integrates an ecosystem of a variety of best-of-breed cognitive engines, which can be orchestrated together, to reveal valuable multivariate insights from vast amounts of audio and video data. founded in 2014, veritone has been recognized by some of the industry’s most prestigious forums, including the red herring top 100 award, the edison awards, and the siia business technology codie award for best native advertising platform or service.